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These are several of the myriad ways in which Americans are struggling to adjust to accelerating inflation. Most people are winning the battle-for the moment. In April, the purchasing power of the average worker-wages minus inflation and taxes-advanced slightly, to 2.9% above what it was a year earlier. But such gains are too small and erratic to be trusted; over the past decade, rising prices and taxes have wiped out more than 97% of the pay increases of the average worker...

Author: /time Magazine | Title: Business: Inflation: How Folks Cope | 6/19/1978 | See Source »

...deter any nuclear attack, and with a lead in many important measures of capability--such as in strategic nuclear warheads, where the U.S. leads 9000 to 4500. However, regaining dominant superiority in the strategic relationship over a determined adversary is impossible for either side. Instead, we have to adjust to the ambiguities of mutual deterrence and military equivalence, and have to restrain each side's weapons competition through balanced agreements which preserve our essential national security. --Sen. John C. Culver '54 [D-Iowa...

Author: NO WRITER ATTRIBUTED | Title: End the Arms Race | 5/31/1978 | See Source »

Well, as Carter might say, life is unfair. Having sought and won the presidency, he must adjust to these difficulties, must find the political formula to reconstitute working majorities, must find the necessary new directions. But in saying this, we should at least be aware of the magnitude of what we are asking of him and of our own complicity in his failures...

Author: /time Magazine | Title: Time Essay: Are We Destroying Jimmy Carter? | 5/15/1978 | See Source »

...without even checking with the agency. This move could hurt some lines that may need to show dominant positions on important routes in order to get financing for fleet buildups in the future. Says Kahn: "Some carriers may drop by the wayside. But those managements that do learn to adjust are going to do very well...

Author: /time Magazine | Title: Business: A Happy Hawk in the Hen House | 5/8/1978 | See Source »

Cunningham, while naturally "a little sad" at having been moved down to the second boat accepted that Higginson had to try something. He also said he felt Higginson had adequately explained the move to him though he added, "Higginson's character is indeed one of great reserve. One can adjust to it admire it or one can regard it as stand-offishness...

Author: By Stephen A. Herzenberg, | Title: Troubled Lights Face MIT, Dartmouth | 4/22/1978 | See Source »

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